Mobile Home Park Investing Newsletter

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September 1st, 2016

Memo From Frank & Dave

You can feel the tide turning against apartment complex owners. First came the change in Section 8 rules that allows vouchers to be used for the purchase of mobile homes. Then came the realization that apartment rents have reached a natural limit, as a national $1,170 per month apartment rent leaves little room for increase. This fact has led many large portfolio owners, such as Sam Zell, to sell out some or all of their position. On top of that, you have the simple fact that apartments have huge capital cost liabilities in roofs and walls and balconies, not to mention structural obsolescence at some point, which are like a ticking time bomb for owners. The bottom line is that mobile home parks are about to overtake apartments as the in-demand investment option in affordable housing. You’ve seen that in the three recent $2 billion purchases of large MH portfolio owners, and you’ll see more of it as private equity groups from across America and the world start to enter this business – a sector they had shunned prior due to perceived superiority of traditional multi-family. And we think this is great for the industry in many ways.

The Truth About Gas Lines

mobile home gas lines

Most people have heard of Frank’s classic story of losing the natural gas at his first park in the dead of winter. The incredible stress of having 80 families suddenly deprived of heat, hot water, and a method of cooking. This was all because the park had “master-metered gas” – which means that the park itself owns all the gas lines. But even on a normal park, you need to know the ins and outs of gas. So what’s the truth?

Buried metal can’t last forever

Here’s a new bulletin: metal, when buried, corrodes. I think everyone knows this. But since you don’t often see buried lines, you tend to forget about them. Unlike PVC and Clay Tile, metal lines all have a definitive life span. In the photo at the top of this article, you can see the giant project that St. Louis is currently undertaking: to replace all their main corroded gas lines throughout the city. This is costing millions of dollars and is about as unpleasant a task as it humanly possible. While I was taking this photo, just about 100 feet away, a crew hit a water line with a backhoe while digging up the gas line, causing a gigantic mess. Wish you were in charge of that project?

Unlike water, the risk is gigantic

Water lines are also made of galvanized metal, just like most gas lines. They also corrode and often develop leaks. But water leaks do not compromise safety. A leaking gas line can result in explosion, fire and severe property damage. Leaking water lines result in greener grass and larger trees. While you can let a corroded water line alone and pay for the economic penalty of water lost, a gas line leak must be addressed immediately and you cannot pay a monthly penalty to leave it alone.

You don’t want to be the one to own the lines: master-metered vs. individually metered gas

The fear of gas lines seems to revolve around who owns them and is responsible for their integrity and/or replacement. In a normal park, the gas company owns all the lines up to the meters to each home, and the park only owns that tiny bit of line from the meter to the connection to the home. That little segment is not that expensive and can be replaced in a single day (and hopefully before you park a home on top of it). But when you own all the lines in the park – as is the case with master-metered gas – you are the one that has to deal with the whole mess – and pay for it. Master-metered parks have one giant gas meter at the front, and then the park owns all the lines thereafter. Park builders made it that way in the 1950s, when mobile homes were more like RVs and they wanted to “plug and play” upon arrival. By having all gas “live” in the park 24/7, the manager could just connect the trailer and start cooking immediately. Of course, with modern mobile homes that’s no longer necessary, as the home requires a power inspection before occupancy and “plug and play” is no longer how things work.

What do you do while they’re being replaced?

And beyond just the expense of replacing the lines is the time required to do it. How do people function without heat, cooking or hot water? Good question. It’s enough stress in paying for the whole process and managing your way through the endless unexpected disasters of cutting other lines, not counting the human side of the equation. The gas company has the ability to put in the new line before turning off your old. But you won’t have that luxury. Even if you do the project in summer, you can’t get around the absence of hot water and cooking.

What can offset this liability?

Master-metered gas is not always a deal killer. But to redeem itself, the potential deal is going to require something equally compelling as an offset. We have owned master-metered gas parks, but they have terrific locations or a low purchase price that made the risk worthwhile. One of the most valuable parks we tour on the Los Angeles Boot Camp is on the beach. The mobile homes sell for $300,000. And it has master-metered gas. Many of the parks with the best locations in the U.S. were built during the 1950s, at a time when master-metered gas was common. But you would not want to buy an average park in an average location at a retail price which also has master-metered gas. That’s a terrible concept.

Mitigating the risk

If you are looking at a master-metered gas park, there are some things you can do to reduce your exposure.

  • Do a pressure test. This is often impossible for most sellers to allow you to do – if the test failed the park would be launched into a costly disaster. However, parks in Texas are supposed to have regular pressure tests, so ask to see the results of the last study. Check to see what your state’s rules are regarding regular testing.
  • Dig up a section of the pipe and see how corroded it is. I once did this on a park in Denton, Texas and I was shocked at how pristine the line was – it looked brand new. Different soils contain different levels of corrosive elements. See if you got lucky.
  • Have a Plan B ready for when the line goes out, and price it accordingly. Don’t let the line failure come as a surprise with no plan for fixing it. See if you have the ability to fund the eventual replacement plan.
  • See if propane is an option. In some areas, the fastest and cheapest replacement is to ditch natural gas and go with propane. That’s how I fixed my first park that failed.
  • See if all-electric is an option. The other alternative to propane – to eradicate natural gas – is to make the park all-electric. Do a study of your park and see how many appliances in the homes are already electric. It may be that going all electric is faster and cheaper.


Understanding natural gas and its limitations is essential for any park owner. Make sure you have a complete grasp on it before buying a park, and a back-up plan in case of problems. When the phone rings that you have a gas leak, you’ll be glad you did.

U.S. News And World Report Likes Mobile Home Park Investing

Frank was recently interviewed by U.S. News and World Report regarding the mobile home park industry. U.S. News joins a select group of top publications that are now pro MH, including the Wall Street Journal and the New York Times.

Why We Love Clayton’s CASH Program So Much

As many people know, we are the largest users of 21st Mortgage/Clayton Home’s CASH program in the U.S. We have around 1,000 homes in our parks under this initiative. So why are we such huge fans of CASH?

  • It allows you to fill your vacant lots with no money out of pocket.
  • You are not the home owner: the customer is the buyer and 21st is the lender.
  • 21st Mortgage handles all the paperwork, so you do not have to be SAFE Act licensed.
  • 21st does a terrific job of screening applicants, and has very low defaults.

We’re not alone in our excitement for this program, as the number of homes ordered under CASH has more than doubled this year from a variety of park owners, both large and small.

For more information on this program, call Candice Doolan at 800-955-0021 ext 1735 or email her at [email protected].

Key Barometers To A Good Location

paducah historic sign

The city of Paducah, Kentucky, population 25,000, was originally purchased for $5. Today, that sounds like a bargain price, but you still might have been better off buying a different chunk of land in 1800. Remember, after all, that Manhattan Island was originally just farm land. So what goes into a great mobile home park location?

Metro population size

Let’s start with population size. Don’t worry about the city itself that the park is located in. That could be just a small suburb. The key gauge is the “metro” population. We prefer metro areas that are 100,000 and up. At that size of population, you have a very diversified economy with a large number of employers and a very aggressive chamber of commerce. You have every big box retailer, every type of franchised restaurant, a large hospital, a large school district – all types of opportunities for jobs. Without jobs there’s no income, and no income means no rent can be paid.

Good school district or “heart of the city”

We have found that there are two basic types of mobile home park locations that work well: 1) a great school district and 2) an urban location in the middle of town. Why do these work? Because there are two different types of mobile home park residents: 1) those that can’t afford a stick-built home but want the same things that we all want, such as good schools for kids, low crime, and solid neighbors and 2) those that want to live in the heart of the action on a limited budget.

Diverse job market

Not all metro area economies are created equal. Some are based on one huge employer who represents 80% of all jobs. These type of markets can wither and die in the event that the major employer moves, shuts down, or simply engages in layoffs. A good market is one in which there is an even diversity among employers, with no single employer having complete dominance. In addition, a good market has key employers that are “recession-resistant”, such as hospitals, colleges, school districts, government jobs – job that are immune to layoffs regardless of the state of the national and state economy.

Median home price

Mobile home parks represent “affordable housing”. In order to be “affordable” you have to have “contrast” with higher home prices. That’s why we like median home prices to be around $100,000 or more. However, you can still have a successful mobile home park at lower median home rates. The danger zone is around $50,000 or so. At that price, the mortgage payment would be lower than the lot rent in many parks. Of course, mobile home park customers rarely have the credit rating or down payment to actually buy a house.

Apartment rents

Apartments are the main competition to mobile home parks. As a result, you want to have a price advantage. Average two-bedroom apartment rents of $700 or so is a healthy market. $300 apartment rents are not. We like to have average apartment rents that are twice our lot rent. Not that we need that type of price advantage; most of our residents prefer mobile homes over apartments even if they were the same cost, due to 1) having no neighbors knocking on ceilings or walls 2) having a yard 3) being able to park by your front door 4) having the ability to be a homeowner and 5) having a stable community of like-minded individuals.

Secure from extreme weather events

Regardless of whether or not you believe in global warming, the truth is that weather is becoming more severe every year. This can have a significant impact in many regions. The two most obvious are 1) hurricane areas and 2) drought. In most of America, more severe weather can be a nuisance. But in other areas, it can mean financial collapse for a mobile home park.


Sure, $5 for Paducah, Kentucky was a good deal. But you’re unlikely to see that pricing again. As a result, you need to make sure that you are buying a good mobile home park location for the long term.

New Parks for Sale on

Frank & Dave Make The News Twice In Two Weeks

This first story relates to a park in Kansas that has had its water and sewer turned off for non-payment for the past two months (and was subsequently shut down). We offered to move all 23 of the residents to our nearest park in Wichita, Kansas, free of charge. A complete win/win story.

The second story is concerning our new acquisition in Bryan, Texas called Ramblewood. As is common with a park logging years of mismanagement, many of the tenants did not like the concept of having to pay the rent every month and having to keep their yard free of debris and to act like a good member of the community. So they contacted the news to complain. But in a strange turn of events, the reporters found that the majority of the residents actually appreciated the higher rent and stricter rules, as it meant that the park would be a nicer place to live.

Tiny Houses Are Starting To Look More Like Mobile Homes

framing a mobile home

If you watch the “Tiny Home” shows on TV, you’ll notice that the end product is starting to look more and more like a mobile home. In the early shows, the “tiny homes” were delivered on skids, while the new shows (like the one shown above) show a home that is delivered on wheels and is classified as a “trailer”. What happened? Cities have started cracking down on the fact that you cannot live full time in RV parks, which were the only place you could permanently “park” those tiny homes on skids. So the future of tiny homes is that they will have to go in mobile home parks or on private land. As more tiny homes go into mobile home parks, it will improve the image of the industry among young people and urban pioneers.

Why Mobile Insurance Is The Best Protection At Affordable Prices

Whether you are simply in need of an insurance quote or you have the unfortunate, yet common task, of filing a claim, Mobile Insurance is ready and waiting to take your call. We’ve used Mobile Insurance for over a decade, and their superior service is known throughout the industry. Kurt, the owner of Mobile Insurance, is a top resource for any park insurance question, and they provide free quotes on parks that you are acquiring. That’s why around 2,000 park owners in the U.S. are Mobile Insurance customers.

Mobile Insurance can help you engineer the policy you need to cover all your concerns, and their prices are unbelievably low. Being able to contact them when you need them is just as important. We recommend that every park buyer call them first, as we know of no other group that has the same expertise, quality of service, and low prices. Call them at 800-458-4320 or email [email protected].

Mobile Home Parks Are The Most Unchanged Form Of Real Estate Over The  Past 50 Years

1950's mobile home park

There is nothing that can offer a greater flashback to America of a half-century ago than a mobile home park. Other than the cars in the parking pads, much of what you see is identical to decades earlier. That’s why it’s so insulting when people say “so when do you replace those old homes?” Why would you? Mobile home parks have already demonstrated unbelievable longevity. Can you name another form of real estate – or any product – that has remain as unchanged over the past 50 years? Apartments, office buildings, hotels, malls, strip centers – they all look nothing like they did in the 1950s and 1960s. But parks remain the same. This stability is what makes our industry so profitable; low capital costs for modernization, and few changes in occupancy due to the resident being a “stakeholder” in the business via their home ownership.

How Do Mobile Home Parks Really Escape Huge Capital Costs?

saks escalator

This is a photo of the escalator in Saks Fifth Avenue in St. Louis. Saks is trying to replace it, but there’s a problem. They installed the escalator when the mall was built, and then built the building around it. There’s way to remove it. So they are going to take two years to remove it piece-by-piece by hand. Every nut and bolt. And then install the new one the same way. These are the type of multi-million dollar issues that don’t pop up with mobile home parks. So how does the mobile home park sector escape these type of problems?

Easy access

One way is through unbelievably easy access. Mobile home parks are, for the most part, low density and you can back up virtually any piece of equipment anywhere you need it. In cases where a home is over a line, you can – worst case – pull the home out and put it back. The fact that mobile homes all have street access is another key point. Many park owners have replaced utility lines by cutting a notch in the streets and laying the pipes there. Since a mobile home park is effectively a park lot, access is always relatively easy.

Few amenities

Most mobile home parks do not have many, if any, “real” brick-and-mortar structures. This means that you don’t have much that needs serious capital expenditures. Since most parks don’t own the mobile homes, the only thing that needs a roof or foundation repair are the clubhouse or laundry building. What’s left are basically water lines, sewer lines and roads.

Repair vs. replacement

Regarding water and sewer lines and roads, most of these have been effectively partially replaced every year for decades. Like Johnny Cash’s “One Piece at a Time” song about building a car from stolen parts from an assembly line, most park’s utility lines have been gradually replaced as a repair issue. When a water or sewer line breaks, the normal procedure is to replace that segment with new PVC pipe. And when a road goes bad, you re-pave that section. In this manner, no park in America is still 100% as it was built, but has been cobbled of many replacements over time.

Continued advancements such as pipe bursting

Good news for the mobile home park industry is the dramatic improvements in replacement technology for utility lines. For clay tile sewers (which is probably 85% of the industry) is the concept of “pipe-bursting”. Under this technology, a hydraulic device pulls new PVC pipe through the cavity of the clay tile, which is simultaneously pulverized. Another technology that is new is the lining of metal water lines with plastic. Called NuFlow, this method includes sandblasting the inside of the old galvanized lines, and then blowing plastic through the lines to create PVC inside the metal lines. These advancements have huge cost benefits over traditional replacement of lines – about 66% less in the case of pipe bursting.


One large benefit to mobile home park ownership is the ability to live in the absence of large capital expenditures. As real estate in other sectors continues to age – such as the department store escalator – avoiding capital expense items is going to be a big advantage to hitting return goals.

A Story About Dave DiMarco

The best corporate lawyer we have ever used is Dave DiMarco at Woods Oviatt Gilman, LLP. We have used him on virtually all of our conduit loans, as well as traditional bank loans. What we love about Dave DiMarco is that he knows what we are trying to accomplish (get the loan closed quickly and inexpensively) and he can quarterback the situation and push it to the goal line without us having to bug him or worry about our progress. Here’s a story that illustrates why we use Dave Dimarco.

A few years ago we bought a mobile home park and, after turning it around, went to refinance it into conduit debt. Everything looked great until the lender’s counsel found a minor problem with the title: a city street that fed into the park actually belonged to the park and not the city. On top of that there was around 16 square feet of land that the park owner had not obtained an easement for 40 years ago, and that made one side of the city’s road in jeopardy. Now, the whole situation was ridiculous, as the city itself was adamant that they owned the street. In fact, state law mandated that, under adverse possession, they had owned the street for decades. It even showed as the city’s street on the street map. However, the impossible-to-please lender would not move forward unless we could obtain a letter from a judge stating that the city owned the street – which could take months or years. So Dave DiMarco ran out and located the owner of the 16 square feet, initiated negotiations, and we bought the easement. It saved the day on that loan. No other attorney on earth would have taken that outside the box effort. We knew then that Dave Dimarco was our man.

If you need service like that, then consider using Dave DiMarco on your next transaction. You can reach him at (585) 987-2833. And, yes, he’s the brother of Anthony and Gerry DiMarco – the #1 mobile home park loan brokers in the U.S. This is a family that definitely shapes the industry.

Low Construction Costs Are Making Mobile Homes Not Just For Housing

bank in mobile home

This is a photo of a bank in southeast Missouri. That’s right, a bank. After a flood in St. Mary’s, Missouri, the bank elected to move their branch to this mobile home they had brought on to land they owned at the other end of town. People always think of mobile homes as strictly housing units, but they are actually adaptable to other sectors, as well. They have been a prominent part of construction job sites for decades.

Why Mike Renz Is The Only Name You Need For Phase I Environmental Reports

You can’t buy a mobile home park without doing a Phase I – you could lose everything if it turns out to have environmental pollution on it. So who do you choose to do the report? We choose Mike Renz. Mike is the consummate professional and his range of knowledge is unparalleled. Here’s an example. We were buying a mobile home park and it failed the Phase I. Most people would have given up, but Renz knew that something did not seem right. It seems that a disgruntled manager had called the EPA and claimed that the owner had been operating an illegal land fill at the back of the property, yet Renz saw no evidence of this on aerial photos. So he did some quick borings and found the claim was a lie and the EPA removed it from their database. Case closed and park purchased. That’s the reason that we refer so many people to Mike Renz. Have you ever seen the “Beard of Knowledge” character on the show Pawn Stars – the guy who is a walking encyclopedia of all trivia? Well, for environmental issues, Mike Renz is that guy.

You can contact Mike Renz at (614) 538-0451.

The MHU Investor’s Club Classified Ads

This is a new section of the monthly newsletter that will allow park buyers to better communicate directly with each other for opportunities and information sharing. To advertise here, you must be a member of the MHU Investor’s Club which is a program available to our Mobile Home Park Boot Camp and Mobile Home Park Home Study Course customers.

Member Name: Steve BaikPhone: 206-326-8764
I am looking for more parks. City utilities preferred, but septic will be considered. Price range from $750,000 - $5.0 Million. 30+ Lot, flexible on location. Wholesalers and brokers, please send me your deals. Also, any investors looking to invest passively in MHCs, please contact me. We have few LP's slots available.
Member Name: Micheal BothaPhone: 808-478-1479
Seeking to buy parks - Montana, Wyoming and Idaho We are seeking to acquire Mobile Home Parks in MT, WY and ID. Our target park size is 20-80 lots, with city water and sewer. We may consider other areas or opportunities. We are actively pursuing opportunities in these markets, and have the resources to make offers and acquire parks immediately. Please contact us if you own, or know of a park that meets this criteria in these areas. We are happy to work direct with sellers or brokers. Thank you Mike
Member Name: Jonathan CohenPhone: 516-523-6205
Anyone like or looking to buy in NY or the northeast?
Member Name: Marc DeLeonibusPhone: 443-223-0941
Hello! I'm looking for a serious turn around park in a metro area with greater than 100k in population. Able to pay cash depending on situation. $500,000-$2,500,000 Locations: Maryland, Delaware, Pennsylvania, Virginia, West Virginia, Ohio, North Carolina, South Carolina, Georgia. City utilities are preferred. 40 lots or more. Looking to network with other investors as well for JV projects. Please feel free to reach out and get acquainted. Marc 443-223-0941
Member Name: Ian FisherPhone: 646-431-8783
Hi - I'm an investor in the single family residential space with a $35MM rental portfolio, and would love to hear from MHP investors who are looking at deals and open to discuss potential joint venture opportunities. Ideal deal has significant value add and needs at least $1-2MM of equity. Equally, I am always on the hunt for attractive deals in other real estate sectors and would welcome anyone interested to reach out to learn more - I am currently offering a small top-off piece of equity in my single family rental portfolio.
Member Name: Steven GingrasPhone: 707-481-1662
We care seeking to Buy a MobilHome Park in Northern Idaho 40+ space park, we will look at all parks however we prefer city sewer and water. We are ready at this time to invest. Feel free to reach out and discuss any parks available my cell# 707-481-1662
Member Name: Lori GoodPhone: 619-933-1828
Distressed North Carolina park approximately 30 minutes north of Fayetteville. 28 spaces with 16 park owned homes that are in rough condition (rated F for rehab), 6 tenant owned homes, 6 vacant lots. Current rents are below market at $160. This park can be re-developed and bring in up to 125 spaces. The front 20 acres are all pine and owner would consider offers on this. Although it provides a nice cover area to maintain that country setting community feel. $234,000.00. Email: [email protected]
Member Name: Harrison D. Helmer HelmerPhone: 910-391-4993
Looking to purchase Mobile Home Park's in the Fayetteville,NC and the surrounding areas [email protected] [email protected]
Member Name: Major HillardPhone: 804-314-1788
Hello there. Six years ago I stopped investing in apartment complexes and completely invested my life/company to Mobile Home Park Investments. My wife quickly joined my efforts and now the MHP business has become the family business. Every property in our portfolio has been a value add park at purchase. Each property has more than doubled in market value and initial investment cashed out within 24 months. Currently we are expanding and in need to invest/work with new equity, passive, and active partners. Check out our website at Feel free to call at anytime. South East MHP Specialist (VA, NC, SC, GA, TN, AL, LA).
Member Name: Steven IltzPhone: 503-439-9069
Looking for a MHP investment with others. Will have $600K + by November 21, 2019. Looking to use a 1031 exchange with about $1.75 million debt. Looking for Mobile Home Park to own or joint venture with others. I have cash to invest. My preference is to own a park with city water/ sewer, paved streets. If your looking for someone for your team for Joint Venture that can add value and time along with cash, give me a call (503) 439-9069 Portland, OR. Former MHP owner, that turned a average MHP to a great MHP that was 100% owner occupied park. I can help to turn a park from good to great.
Member Name: Steven JuelkePhone: 970-308-5571
(2) great off market deals in North Dakota!! The first one is an underperforming 10 space park in a high rent area with $56k NOI potential @$199k.The second one is a 60 space park with good upside and owner financing.Im from the area and could be hands on with a JV funding partner or will sell outright. Lets talk! Steven Juelke 970-308-5571
Member Name: Shoaib KhawajaPhone: 312-568-6493
Looking for equity partners who would like to purchase MHP's in the midwest. (MI, IL, OH, WI, IN). I have cash to invest.
Member Name: Brian LamPhone: 415-816-0514
Looking to meet other investors in the space which may result in future partnering as deals arise. Our target is $1 - $3M parks in the Midwest on city utilities. We're interested in meeting like minded people who can deploy /partner at $100 - $500k increments.
Member Name: Todd MulhollandPhone: 239-450-1523
Seeking a business partner with hands on mobile home rehab experience in FL preferably the Central FL area. I have a fairly good business model, financial backing and customers ready I just need a dependable partner with actual mobile home rehab and construction experience preferably in the Central FL area to start but I'm looking to take this program at least state wide. I will also entertain offers from independent contractors as well looking to work together to rehab homes. Please contact me if interested.
Member Name: Ferdinand NiemannPhone: 816-806-1849
We are experienced operators looking to buy parks with 50+ lots in MO/KS/IA/IL/NE, in metropolitan areas with at least 100,000 people. Public water and sewer preferred. We will pay referral fees or provide a minority ownership interest for a deal you have under control or solid leads for off market deals. We have significant equity available and can close quickly. Real estate lawyer/consultant services from MHP owner also available for fee engagement. The choice of a lawyer is an important one and should not be based on advertisements.
Member Name: Andy NissenPhone: 614-456-5391
- Capital partner wanted to buy parks Will provide Capital Partners with Tax benefits or Cashflow or Equity - depending on your needs / desires. Let us know how we can work with you to accomplish your goals through MHP investing. We currently own two parks. Have 4 years experience owning and operating MHP's. Real Estate investing since 2004. Experience as a general contractor. Accredited investors ourselves. Currently seeking Parks in and around the Carolinas and Ohio but will gladly go further if the deal is right. Call or e-mail any time. Will gladly provide resume, references and so on. Thanks, Andy
Member Name: Patrick O'HarenPhone: 408-206-8998
We are willing to pay a commission or finder's fee for off-market deals. 40-150 spaces, more if part of a multi-park portfolio. We have capital and MHP operating experience. Please call me at 408.206.8998 or [email protected]
Member Name: Joan ProbertPhone: 604-985-8788
I am a Canadian investor looking at parks in the in the following states: Arizona, Nevada, Washington, Oregon, Idaho, Montana. My business partner and I are heading out on a road trip at the end of October and are keen to meet other investors on the way. We'll also be looking for great recommendations on where to stay and what to discover. We're looking forward to meeting other MHU investors along the way! If you have some ideas please reach out to my business partner Liza Rogers as she's planning the route! [email protected] 250 532 1625
Member Name: Mike TrilloPhone: 425-246-4785
Attn MHP Owners: we are interested in buying several parks! Attn MHP owners with large portfolio: If you need to offload your smaller parks, please call me! Attn newbies who want to birddog or assign deals: I’ll pay you up to 5% referral fee on any deals you send my way! Attn Realtors: I have a very healthy incentive commission plan with any deals you send my way! I’ve got the cash to close the deal from $500k to $5M, 30-200 lots, within 40 miles of a growing metro area of 100k+, public or private utilities (WA, OR, ID, NV, UT, CO, WY, MT, ND, SD, NE, KS, MN, IA, MO, WI, IL, MI, IN, KY, OH, PA, VT, NH, MA). Please contact me (425-246-4785), [email protected] or visit us at Looking forward to hearing from you! :)
Member Name: Cindy Tucker-DavisPhone: 970-987-7523
Thank you to everyone I spoke to regarding a manager position. I learned so much from you! If you are in need of a manager, let me know and we can talk. Thank you! Cindy
Member Name: Nick VrscakPhone: 919-880-4086
MHP Owners & Brokers I am interested in purchasing a Park in NC (1M-1.5M) preferably in the Raleigh Durham Metro. Park criteria is 50 – 100 spaces, paved roads, city water, city sewer. However I do know that there can be potential elsewhere so I am willing to consider other deals in other markets with a good economy. Please do not hesitate reaching out to me if you have anything. Nick Vrscak (919) 880-4086 [email protected]
Member Name: Ed WillisPhone: 907-460-6646
If anyone is looking to start a direct mail campaign to find deals I can help you. If you're not wanting to do the owner address research yourself I could provide you with lists for MO, KS, NE, IA, & ID (1000 owner addresses thus far). If you've got another state you want to mail I could help with that too. I can help you design your postcard or do it for you. I also know of deals I'm unable to do that I can refer. Let me know if you're interested, Ed Willis 907-460-6646
Member Name: Jason WilsonPhone: 661-978-9039
Looking to buy and manage our first mobile home park in East TN or northeast to south central TX. 30 - 100 sites with city water and sewer preferred. Willing to work with brokers or sellers. Purchase price 1.2 million or less. Open to updating or performing mild renovations.
Member Name: Shelly ZickefoosePhone: 559-907-8080
Looking for a mobile home within 500 miles of AZ. Max size 18x70. Min age 2003. Max price $12,000. Call (559) 907-8080. Thank you,
Member Name: Brian ZobergPhone: 305-301-2443
I have several years experience of buying, owning, operating and selling (for excellent returns) mobile home parks. I am looking to partner with other owners, investors who are interested in buying their first park or expanding their portfolio. I am also offering to pay a referral fee for a mobile home park on any deals. Please contact me if you are interested. Criteria: minimum 25 occupied lots, city sewer or septic, city water or well water.

Security Mortgage Group Is The Premier Loan Broker For Mobile Home Parks

We do a lot of conduit loans -- and regular bank loans -- every year. A common feature of those loans is Security Mortgage Group. If you are buying or financing a mobile home park, let Security Mortgage Group get you the loan. They build the loan package, they pitch the banks, and they bring you the best options. It saves a ton of time and energy, and the rates and terms they find are always better than what you can obtain on your own – they effectively more than pay for themselves. If you have any loans you need help on, you can reach Anthony or Gerry at (585) 423-0230. Tell them Frank & Dave sent you.

The Market Report

Mobile Home Park Stocks